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Fifty jobs to go at Chch cable company

NZ NewswireNZ Newswire 16/05/2016

A Christchurch-based cable-maker is planning to cut 50 jobs and pull out of Australia because of the recession there, the workers' union says.

General Cable New Zealand, part of the US General Cable company, makes cables for power, communications and industrial and specialist applications from its factory in Sockburn.

The company set up in New Zealand in 1946 and its headquarters are also in Christchurch.

The E tu union says it has presented its Christchurch workers with a proposal to cut 50 jobs, or just over a third of the 145-strong workforce at the plant, between June and September.

The cuts were expected but the scale was a surprise, says E tu organiser Ross Heslop.

"The company's done what it has to do and we can't see a way around it," he said.

General Cable had said it would stay in the New Zealand market but would exit Australia where its fortunes have been hit by the recession there, Mr Heslop said.

The company has sales offices in Western Australia, South Australia, Victoria and Queensland.

Mr Heslop said other New Zealand companies were also feeling the pain of Australia's recession.

"The Australian economy is having a huge impact on manufacturing in this country, and not just manufacturing, also lots of other entities that are Australian-owned."

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